Wake Forest Magazine, June 2009 - Past Issues - Wake Forest ...

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& t r u e c o n s t a n t We have been historically and are currently fully committed to our policy of need-blind admissions, accepting students regardless of their financial situation. Our first priority is to honor our commitment to students whose families earn less than $40,000, who we have guaranteed that their student loans will be capped at $4,000 per year over four years. Our next challenge is to meet the increasing needs of those families for whom the cost of higher education carries a far greater financial burden than it did prior to the recession. We will do what we can to help our current students by carefully managing our financial aid packages to minimize increases in loans. We are also allocating a small increase in funds to help incoming students for whom these economic conditions present a great obstacle to selecting Wake Forest. In total, we will make a modest increase in funding for financial aid, as that is all current economic conditions allow, but these funds will be allocated with great purpose, and I believe with great impact on our ability to sustain our considerable momentum, especially in improving socioeconomic diversity and enhancing opportunity. Maintaining our Physical Campus Our future success relies upon an ongoing investment in our campus buildings and critical infrastructure. Therefore, we have made plans to continue to address capital projects that are central to our strategic plan. Last spring we invested more than $3 million in capital improvements to academic units and more to student facilities. We sought and have received approval from the board of trustees to move forward with three capital projects: a new freshman residence hall to accommodate planned enrollment growth, a new admissions/welcome center to accommodate our growing number of visitors and our new applicant interview process, and a modest set of upgrades and repairs to athletics facilities. We also are pursuing plans to merge the faculty of the Calloway and Babcock Schools in a new business school that will rely on the renovation of the Information Systems building adjacent to the Worrell Center. These projects will be longterm financed following long-standing guidelines created by the board of trustees. LOOKING FORWARD As the board considered our strategic priorities and investments, they were impressed that each administrative unit is looking ahead toward FY10-11, which may be an even more difficult year because of the way operating revenue is calculated from the endowment, by aggressively assessing programs, setting priorities in accordance with the strategic plan, and cutting non-essential expenses. The budget that was approved recognizes that the cuts made this fiscal year must be continued, and that we must generate new revenue to support our strategic plan. Therefore, the board of trustees approved a moderate investment in our Advancement Office in order to increase our capacity to raise private donations for key strategic priorities. Together with our commitment to the more stringent expenditures prescribed by the budget, an increase in fundraising will position us to meet the impending challenges that await us in FY10-11. Although the reality of endowment decline will be felt more deeply next year, we hope to stave off its impact through the measures we are undertaking this year to control our costs and increase our revenue. In sum, we are determined to capitalize on this rare opportunity to increase our competitiveness nationally, while holding sacred our distinctiveness as the nation’s leading collegiate University. It is my firm belief that these measures provide the best course for Wake Forest. The board of trustees is fully supportive of the direction we have taken. As always, I invite and look forward to your ideas, questions and advice. I will continue to keep you informed as we move forward implementing our plans. Let me also say that Wake Forest cannot live up to its vitally important mission without the ongoing support of its alumni and friends, like you. Your work on our behalf and your generous gifts breathe life into the plans we make today to live up to our motto, Pro Humanitate. Thank you for all you do for our students, for each other, and for Wake Forest every day. 48 wake forest magazine
Welcome Home Homecoming and reunion weekend 2009 Wait Chapel. The Pit. Shorty’s. Reynolda Hall. Your dorm room. Since 1834, Wake Forest has opened its doors to students, faculty and visitors from all walks of life. The students who enter the campus doors leave as believers in Wake Forest, filled with fond memories and well prepared to lead examined and purposeful lives. You are invited to come back to campus during Homecoming and Reunion Weekend 2009, celebrating the 175th anniversary of Wake Forest. The doors of Wake Forest will be open October 9-10 and we look forward to hosting reunion classes (ending in 4s and 9s) and all Demon Deacon alumni for this memorable weekend. Welcome Home to Wake Forest. Opening doors for 175 years. For Homecoming details and registration information, please visit www.wfu.edu/homecoming or call 336.758.4544. If you have questions about your reunion, please call 336.758.5819.
Page 1 and 2: wake forest m a g a z i n e June 20
Page 3 and 4: 14 Class of the Finest 24People of
Page 5 and 6: For video and the full text of Vice
Page 7 and 8: Clockwise from left: Provost Jill T
Page 9 and 10: Panelists (from left) Sally Donahue
Page 11 and 12: Student entrepreneurs have a big id
Page 13 and 14: Howards wins teaching award s s o c
Page 15 and 16: The new Web Wake Forest has begun a
Page 17 and 18: fond Farewell Class of the Finest F
Page 19 and 20: J . Edwin Hendricks, professor of h
Page 21 and 22: encouragement and inspiration,” s
Page 23 and 24: endangered mountain animal. In a ti
Page 25 and 26: David Shores, professor of law: ‘
Page 27 and 28: If there really are two kinds of pe
Page 29 and 30: majors Dan Applegate (’09) Ashebo
Page 31 and 32: a kind “ I was fascinated by thei
Page 33 and 34: majors “ By embracing both, I fin
Page 35 and 36: 1930s Charles R. Jervis (’37) ret
Page 37 and 38: James M. Ivory (’85) has been nam
Page 39 and 40: McCallister (JD ’98) L. Kathleen
Page 41 and 42: The incomparable Jesse Haddock Lege
Page 43 and 44: John A. MacDonald (’95) and Lauri
Page 45 and 46: preceded in death by his wife, Alic
Page 47 and 48: George Allen Parker (’60), Dec. 1
Page 49: Staying the Course By President Nat

Wake Forest Magazine, June 2009 - Past Issues - Wake Forest ...

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